Expert Says XRP Holders Likely to Sell at $10 Will Regret It

Edo Farina, the CEO of Alpha Lions Academy, recently took to X to caution XRP holders against short-term thinking that could lead to missed gains.

In his tweet, Farina expressed his belief that 95% of XRP holders will likely sell their holdings at the $10 psychological price level. In his view, this action could result in such investors missing out on the long-term value and growth that XRP may offer.

Backing his view, he cited the case of many investors who had already liquidated their XRP holdings when the asset first pumped to $0.80 earlier this month. These were retail investors who believed the XRP uptrend would not last, as seen in several instances over the past 12 months.

However, to many’s surprise, XRP’s bull run endured, and the asset climbed to $1. Now, XRP is confidently approaching the $2 mark.

Essentially, those who had parted ways with the XRP market earlier have settled for far fewer gains than those who held on, as the asset is currently trading at $1.89.

Remain Patient and Stay Locked in for the Long Haul

As a result, Farina urged crypto enthusiasts not to rush to take profits from XRP. He encouraged them to remain patient and lock into their investments for the “perpetual run.”

His tweet reminds XRP investors to take a more strategic approach and avoid the temptation of quick profits that can ultimately limit long-term gains. While XRP is worth around $1.89, market commentators like Farina have argued for a hypothetical future where the asset could be worth $10,000.

He firmly believes that this dream will ultimately come true far in the future. His bold forecast suggests that selling XRP at $10 would miss the opportunity to sell at $10,000 or higher.

Community Members Disagree

However, in the comments section of his post, some community members expressed disagreement with Farina’s view. They argued that strategically taking profits from one’s portfolio is a more prudent approach to achieving financial success.

Community member Dexter Douglas remarked that everyone has their own version of life-changing wealth. He pointed out that if an individual considers $5 to be a life-changing gain, they should sell and hold a “moon bag” (a portion of the asset for potential future growth).

Douglas emphasized that selling at the time that best suits one’s personal financial goals, family, and future is key. Moreover, he added that money left unrealized is not a loss.

Similarly, Nunoarmada reminded market participants that not all crypto assets will continue to rise by the end of a cycle. “Sell at the top and rebuy at lower prices,” he recommended.

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